Zksync Price Forecast – ZKUSD Sellers Target Further Declines Below $0.15450 Key Level

Zksync Price Forecast – January 20

Zksync remains under strong bearish pressure, with sellers aiming to push prices below the critical $0.15450 support level. Following the buyers’ inability to sustain momentum above $0.22150 earlier this year, the market reversed sharply, leading to a significant decline. January has further reinforced bearish dominance as sellers continue to drive prices lower.

Zksync Long-Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $0.15450, $0.14000, $0.11580
Resistance Levels: $0.18000, $0.22150, $0.24000
ZKUSD’s bullish attempt at the $0.22150 resistance level faltered, resulting in a sharp downturn that brought the price to $0.15450. The market remains bearish, with sellers solidifying their control. If the current bearish momentum persists, a breakdown below $0.15450 is highly probable, potentially leading to further declines toward the $0.14000 key level.

Zksync Price Forecast – ZKUSD Outlook

The Stochastic Oscillator remains deep in bearish territory, signaling continued seller dominance and a lack of buying strength.

Additionally, the Parabolic SAR (Stop and Reverse) indicator continues to align with the bearish trend, emphasizing sustained downward pressure. If sellers maintain their momentum, a breach below $0.15450 appears likely, paving the way for further declines toward $0.14000.

This would confirm the continuation of the bearish trend. For buyers to regain control, they would need a significant recovery to push the price back above $0.18000, which seems improbable under the current market conditions.

Zksync Medium-Term Trend: Bearish Continuation (4-Hour Chart)

On the 4-hour chart, ZKUSD remains entrenched in a bearish trend. The Stochastic Oscillator reinforces this outlook, showing that sellers are firmly in control. Similarly, the Parabolic SAR remains bearish, indicating ongoing downward pressure.
If the bearish trend persists, the price could drop further, with $0.15000 emerging as the next target. Any short-term recovery might lead to a retest of the $0.16000 level; however, given the prevailing bearish sentiment, such a recovery is likely to be temporary. Traders relying on crypto signals should prepare for potential downward movements in the short term.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block – Guide, Tips & Insights | Learn 2 Trade

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.